Client-Focused Financial Planning For Your Future

About us.

services tailored to your unique needs, aspirations, and dreams

Client-focused financial planning for your future

All of us at Strategic Planning are dedicated to providing comprehensive, personalized financial advice and guidance to help our clients achieve their goals. We believe that a well-informed client can sleep at night with the confidence that they have been equipped with the knowledge and resources they need to make informed decisions about their future.
get started with our process
schedule a consultation

A Strategic Approach Beyond The Ordinary

Are Your Retirement Savings On Track?

Maintain Income For Life With Strategic planning

Strategic Planning Associates

Interested in attending an educational retirement planning seminar or event for free?

At Strategic Planning Associates, we want to equip you with the insights and resources necessary for a prosperous retirement journey. Join one of our workshops today and embark on the path to your retirement dreams.

view calendar of events
meet our team

Pamela Desjardins

Fiduciary

Pam Desjardins, Lead Fiduciary and Founder of Strategic Planning Associates, has been successfully helping clients achieve their financial dreams for over 40 years.

After completing her Bachelor’s Degree, Pam continued on to a Master’s program in Education and Statistics then began a career in medical research. Feeling unfulfilled, she transitioned to the financial sector after obtaining her life and health license. After 11 years gaining experience at Connecticut General Life, Pam established her own firm, Strategic Planning Associates. Over the years Pam has continued her education in the following programs: Chartered Life Underwriter, Certified Financial Planner, and the Society of Certified Senior Advisors. Pam also completed the Executive Level Program in the Institute for Not-for-Profit Management at the Graduate School of Business at Columbia University.

The firm provides guidance in Retirement Planning Strategies, Estate Planning, Asset Protection, Income Planning, and Wealth Preservation. Pam has created a local team of accountants, attorneys and other professionals whose mission it is to prioritize personal relationships with her clients and provide them with a team of experts confidently supporting the necessary achievement of their financial objectives.

Outside of her work, Pam treasures time spent with her family. She shares a 40-year bond with her partner and cares for their two schnauzers. Pam also dedicates herself to her 98-year-old mother, sharing caregiving duties with her sister. In her leisure moments, she enjoys reading and watching movies.

Still Have Questions? Contact Us Today To Secure Your Financial Future

We offer a specialized financial planning approach that is unique to each of our clients needs. Our process allows us to take the time to understand you, your financial goals, explain all of your options, and help lead you in the right direction.
explore our services
schedule with us

strategic planning associates

Client- focused financial planning for your future.

complimentary consultation

You have questions. We have answers.

Navigation
Contact
Locate
  • 112 Burnett Street
    Granby, MA 01033
We do not offer every plan available in your area. Any information we provide is limited to the plans we offer. The content of this website is developed from sources believed to be accurate and complete; however, no guarantee can or is given for such accuracy or completeness. Nor is the information in this material intended as tax or legal advice. Please consult your own legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale, or the solicitation of such an offer, of any security, insurance product, or annuity in any jurisdiction in which the persons represented on this site are not appropriate licensed, registered, appointed, or otherwise qualified by law and regulation to make or solicit such purchases and sales. For complete information on our firm please refer to ADV for Strategic Planning Associates.
How will IRMAA impact your retirement
Book your IRMAA Consultation

Have You Ran An IRMAA Social Security Stress Test?

IRMAA applies to both Medicare Parts B & D. If you’re hit with IRMAA, you’ll pay a higher monthly premium for these parts of Medicare. The surcharge is based on a sliding scale – the more you make, the more you pay. Book your complimentary IRMAA Consultation now to estimate how IRMAA can significantly reduce your Social Security Net Benefit in retirement
Book Your complimentary IRMAA Consultation
By booking your free consult, you get access to our planning knowledgebase
Get Your FREE IRMAA Stress Test
Work with us to run your free Medicare and Social Security Stress Test to estimate your IRMAA exposure.
Easily Identify Problem Areas
Once we identify your IRMAA exposure, we can then identify potential avenues to mitigate IRMAA and insulate your retirement plan.

What Is IRMAA and How Does It Work?

If you’re a higher-income Medicare beneficiary, you may have heard of IRMAA – the income-related monthly adjustment amount. It’s a surcharge added to your monthly Medicare premium based on your income. IRMAA stands for Income-Related Monthly Adjustment Amount. It’s an extra fee tacked onto your Medicare Part B and Part D premiums if your modified adjusted gross income (MAGI) exceeds certain thresholds. Think of it as a “wealth tax” for Medicare.

Income Brackets and IRMAA Surcharge Amounts for 2024

Medicare recently released the income brackets and corresponding IRMAA surcharges for 2024. If your modified adjusted gross income (MAGI) from 2022 falls into one of these brackets, you’ll owe the additional premium amounts listed. For single taxpayers, the income ranges and monthly surcharges are: – $97,000 to $123,000: $65.90 for Part B, $12.20 for Part D – $123,000 to $153,000: $164.80 for Part B, $31.50 for Part D – $153,000 to $183,000: $263.70 for Part B, $50.70 for Part D – $183,000 to $500,000: $362.60 for Part B, $70.00 for Part D – Above $500,000: $395.60 for Part B, $76.40 for Part D

How to Determine if You’ll Pay IRMAA

Wondering if you’ll be on the hook for those hefty IRMAA surcharges? Here’s how to find out. The Social Security Administration (SSA) is responsible for determining IRMAA each year. They use your tax returns to calculate whether you owe the extra premium and how much. If you’re flagged for IRMAA, SSA will send you an initial determination notice. This letter explains why you’re subject to IRMAA, how much more you’ll pay, and what to do if you disagree with the determination.

Options for Paying IRMAA Premiums

If you’ve been hit with IRMAA surcharges, you have a few options for paying the extra premiums: If you’re already receiving Social Security retirement benefits, the easiest way to pay IRMAA is through automatic deduction. SSA will withhold your IRMAA premiums from your monthly benefit check. You don’t have to do anything – it happens automatically.

How IRMAA Can Impact Your Retirement Accounts

As if paying more for Medicare wasn’t bad enough, IRMAA can also throw a wrench into your retirement planning. Many retirees rely on income from IRAs, 401(k)s, and other tax-deferred accounts. But taking too much out of those accounts in a single year can push you into a higher IRMAA bracket.
Book your complimentary consultation to learn how you can protect your wallet and enjoy retirement on your terms.
book free IRMAA consult
X
X